Question

scooter is bought for 32,000 its value depreciates at 10% per annum what will be its value after 2 years

Answer 1

CP = 32000

Depriciation Rate = 10%

so, let value after 2 years be x

x = CP (1-R%)

x = 32000 (1-10%)

x = 32000 (1 - 10/100)

x = 32000 (1- 1/10)

x = 32000 (9/10)

x = 3200 x 9

x = 28,800

So Value after depriciation = x = 28,800